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REITs Hoping to Crash
In to the S&P 500 Party

By

Janet Morrissey Dow Jones Newswires

Updated Sept. 7, 2001 3:31 p.m. ET

NEW YORK -- Are they in or are they out? That's the question on investors' minds as they count down the final days before Standard & Poor's makes its highly awaited ruling on whether it will finally allow real estate investment trusts into the S&P 500.

A decision is expected in early October, said David Blitzer, chairman of the S&P's index committee.